All City & finance articles – Page 218
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NewsKlépierre abandons bid for rival mall owner Hammerson
Klépierre has pulled the plug on its attempts to buy Hammerson – paving the way for the latter to complete its acquisition of rival Intu.
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NewsGame’s largest shareholder disposes of stake
Game’s largest shareholder has disposed of its entire stake in the business, leaving mogul Mike Ashley as the largest single influence on its board.
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NewsAgenda: Primark, JD Sports, Debenhams and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Primark, JD Sports, Debenhams and Bonmarché on the agenda.
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NewsWill Carpetright’s CVA put it on a firmer footing?
Troubled Carpetright has today put forward a proposal to close nearly a quarter of its stores and renegotiate rents on a chunk of others through a CVA – a controversial restructuring tool.
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AnalysisAnalysis: Why Asos' rising capex will pay dividends
Asos has revealed another set of strong results and chief executive Nick Beighton was on bullish form.
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NewsToys R Us to close remaining UK stores this month
Toys R Us UK will pull down the shutters on its stores for the final time in less than a fortnight.
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NewsCarpetright to axe 90 stores under CVA plan
Carpetright plans to shutter more than 90 stores and slash rents at more than 100 other sites amid a “fundamental restructuring” of its property portfolio.
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News
Analysis: Tesco aims to 'unlock new growth' with Booker
For the first time in what feels like an eternity, a Tesco chief executive was able to present full-year results today without a cloud hanging over his head.
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OpinionClive Black: Tesco's Chas and Dave hit the right note
Tesco’s results represented another year of good, solid, sound, detailed progress by the business.
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NewsThe Works hires new CFO as it prepares for float
The Works has appointed Gavin Peck as its new chief financial officer as the value retailer reportedly gears up for a stock market float.
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NewsTesco's Lewis: We'll go after more Booker synergies
Tesco boss Dave Lewis insists the grocer is ready to “go after” more synergies following the completion of the Booker deal.
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OpinionOpinion: Challenge facing Mothercare's new, new boss
Mothercare, it is understood, is the latest retailer to be considering a CVA and could shut about a third of its 143 shops if it proceeds.
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NewsFrench Connection sells stake in Toast to aid recovery
French Connection has sold its stake in Toast in a bid to free up resources to aid its ongoing turnaround efforts.
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NewsNisa sales up as Palmer & Harvey demise swells numbers
Nisa’s sales rose over its fourth quarter as the stores it supplies swelled by more than 1,000 thanks to the collapse of Palmer & Harvey.
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NewsCard Factory full-year profits hit by cost headwinds
Card Factory’s bottom line took a knock in its last full year as increased sourcing and wage costs ate into profits.
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NewsAO World full-year sales spark as margins improve
AO World said sales and margins improved in its last full year, driven by strong trading at its fledgling European business and reduced advertising spend.
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NewsAgenda: Updates from Tesco, Asos, WHSmith and more
Retail Week looks ahead to the next seven days, with updates from Tesco, Asos, WHSmith, Quiz, Dunelm and Card Factory on the agenda.
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NewsBargain Booze owner Conviviality enters administration
Conviviality has formally entered administration as the beleaguered business continues to seek buyers for its retail division.
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NewsHammerson hits pause on Intu amid Klépierre interest
Hammerson has halted its proposed £3.4bn acquisition of rival Intu amid interest from French property giant Klépierre.
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NewsTopps Tiles sales edge ahead in ‘challenging’ market
Topps Tiles sales inched up in its first half, but the business warned it was taking a “cautious view” of the remainder of the year.